Fashion designers, being ultimately artists, rarely have straight-line careers - one reason for the huge applause that greeted the culmination of the debut show of Aldo Maria Camillo in Florence on Thursday evening.

Swedish fashion chain H&M has announced it is to close six stores in Spain in the first half of the year to adapt to changes in the market. The company said it will try to relocate affected staff to other stores.

Eyewear company Safilo has renewed its global licensing agreement for the exclusive design, manufacturing and worldwide distribution of ophthalmic and sunglass collections for the Tommy Hilfiger brand through 2025.

So it’s started. The deluge of trading updates expected from UK retailers in the weeks ahead has begun with Next and after all the speculation about plunging sales, what actually happened? Well it wasn't too bad.